I saw in their website on 6 months FD for 3.7% (new promotion). Well if it is for one year, will be even better. It starts on 8/1 tomorrow.

BoomChaCha, so after 6 months if there is better rate somewhere we can then move the FD elsewhere, good deal, eh ?

Thanks!

https://www.machbyhongleongbank.com/mach-fi...posit-promotion

straight forward 3.7%

but there is some cost to setup the saving account

Yes, can do online.
Deposit your cheque into your Money Box acct, and once cheque cleared, then can place the FD online.
The girl at HL Mach branch confirmed that.
You can also call them to re-confirm before visiting their branch.

When can do a partial withdrawal..? After 3 months?

I cannot find this Partial Withdrawal on the terms and conditions:
https://www.machbyhongleongbank.com/product...ampaign-english

Since it requires to place for at least 6 months then can do a partial withdrawal, this means
partial withdrawal feature does not apply for this 6 months FD.

Anyway it is ok, 6 months is not so long..

Thanks for the info..

At first I wanna put aside some small sum under AmBank's 4.12% promo...but now that this 3.7% is in the limelight, wah, hard to decide.

But I don't think you can have Mach FD starts on the same day if you walk in to Mach branch with cheque in the evening time. My pass experience was Mach staff say need to go to HL bank branch if want to have FD start on the same day. Mach branch at Paradigm Mall failed to do that. I had to go to the Mach branch at Sunway Gizza that is below a HL bank branch. Mach staff ran upstair to deposit my cheque and ran down to get my Mach FD placed on the same day.

Frankly speaking, besides those "canggeh" internet PC's (and ATM/Deposit machines), I have challenged them what exactly can they/customers do in a Mach branch? For example, I had to go to HL conventional branch if I need to uplift my Mach FD and issue a banker's cheque. It just looks silly to me when they say "Oh, that you need to go to the bank branch...". If Mach and bank branch are up/downstair like Sunway Gizza is still acceptable. But it will be painful/stuck if they are in different buildings/locations. 
So, make sure you check first before you plan to visit Mach branch to avoid unproductive trip. 

Thanks Bro.

This MBB PMA-i is worth checking out... in 2012, I did an article after it was mentioned in one of the previous thread.. click here to read my comments on th Maybank PMA-i Up To 4.75% in 2012 

And Bro, even if there is no promo, like you pointed out, the Child PMA-i dividend is very good at 3% (non promo), and if there is a promo +1.1%, really freaking fantastic, less than a year deposit at above 4% 

Please PM me and anyone of you do get confirmation on the 1.1% bonus dividend.

Any charges to open a Money Box Deposit Account? Anyone can share how this savings account work? As I tried to search on the HLB website but can't seem to find any links relating to it.

Am interested in the Mach FD Promo but want to ensure that I can perform it online.

Someone just told me that MBB has extended their PMA-I promo until May2014. Effective int/dividend is 2.75% + 1.1% bonus. But if you deposit thru the PMA-I child/trust account (max rm50k) you effectively get 3%+1.1%bonus.

Then how our 1.2 million+ government servants can survive with their salaries..? 

Can't compare like that.

FD 4%, no matter how the bank is doing, loss or profit, depositors are guaranteed to receive 4%, while shareholders none guaranteed they will receive dividend or not.

What? That's conventional FD? No right?

So, apa pasal you post sini dalam FD thread?

I suggest you post in Jobs & Careers section

Here is the Rewards & Bonus Campaign TnC:
http://www.maybank2u.com.my/WebBank/reward...s200314_tnc.pdf

I just briefly glanced thru it and I must say the TnC for the 1.25% additional bonus is so bloody complicated for any man in the street. 
So many conditions to disqualify you from getting the 1.25%.

If one think he can just bring RM50k to Maybank tomorrow, open this PMAi account and earn 4%p.a, he will be disappointed. In fact he need more than RM50K.
The key terms in the TnC are Incremental Average Daily Balance (ADB) and Base-Line ADB. These two terms can deny depositors 1.25% bonus dividend if they are not careful.   

I guess only the best brain here can have a good grasp of this campaign's TnC. 

Yea the online limit is 10K that you can change manually, but some banks if you want the limit to be higher they can change it at the counter. A bit troublesome but then he was talking about cost savings not convenience